The SEC itself has proposed other NRSRO rule amendments that have not been adopted, and the SEC Office of the Inspector General recently released a report containing a number of suggestions for improving NRSRO oversight. [8] Additionally, Senator Jack Reed (D-RI), Representative Paul Kanjorski (D-PA), Senator Christopher Dodd (D-Conn.) and the Obama Administration each have submitted to Congress separate credit rating agency reform legislative proposals, which overlap in a number of areas.… [read post]